Integrated Filing — IndAS

General information about company
Scrip Code	539889
NSE Symbol	PARAGMILK
MSEI Symbol	NOTLISTED
ISIN	INE883N01014
Name of company	PARAG MILK FOODS LIMITED
Type of company	Main Board
Class of security	Equity
Date of start of financial year	01-Apr-2024
Date of end of financial year	31-Mar-2025
Date of board meeting when results were approved	02-May-2025
Date on which prior intimation of the meeting for considering financial results was informed to the exchange	28-Apr-2025
Description of presentation currency	INR (in Actuals)
Reporting Type	Quarterly
Reporting Quarter	Fourth quarter
Nature of report standalone or consolidated	Consolidated
Whether results are audited or unaudited for the quarter ended	Audited
Whether results are audited or unaudited for the Year to date for current period ended/year ended	Audited
Segment Reporting	Single segment
Description of single segment	Milk and Milk Products
Start date and time of board meeting	02-May-2025   18:30:00
End date and time of board meeting	02-May-2025   20:45:00
Whether cash flow statement is applicable on company	Yes
Type of cash flow statement	Cash Flow Indirect
Declaration of unmodified opinion or statement on impact of audit qualification	Declaration of unmodified opinion

Financial Results Ind-AS
Particulars		3 months/ 6 months ended (dd-mm-yyyy)	Year to date figures for current period ended (dd-mm-yyyy)
A	Date of start of reporting period	01-Jan-2025	01-Apr-2024
B	Date of end of reporting period	31-Mar-2025	31-Mar-2025
C	Whether results are audited or unaudited	Audited	Audited
D	Nature of report standalone or consolidated	Consolidated	Consolidated
Part I	Blue color marked fields are non-mandatory. For Consolidated Results, if the company has no figures for 3 months / 6 months ended, in such case zero shall be inserted in the said column.
1	Income
	Revenue from operations	9182500000	34322100000
	Other income	130900000	402500000
	Total income	9313400000	34724600000
2	Expenses
(a)	Cost of materials consumed	7306800000	24894700000
(b)	Purchases of stock-in-trade	0	0
(c)	Changes in inventories of finished goods, work-in-progress and stock-in-trade	-431000000	572700000
(d)	Employee benefit expense	437100000	1499500000
(e)	Finance costs	251600000	931200000
(f)	Depreciation, depletion and amortisation expense	173800000	672200000
(f)	Other Expenses
1	Other Expenses	1249600000	4828400000
	Total other expenses	1249600000	4828400000
	Total expenses	8987900000	33398700000
3	Total profit before exceptional items and tax	325500000	1325900000
4	Exceptional items	0	0
5	Total profit before tax	325500000	1325900000
6	Tax expense
7	Current tax	-11900000	-11900000
8	Deferred tax	75300000	149900000
9	Total tax expenses	63400000	138000000
10	Net movement in regulatory deferral account balances related to profit or loss and the related deferred tax movement	0	0
11	Net Profit Loss for the period from continuing operations	262100000	1187900000
12	Profit (loss) from discontinued operations before tax	0	0
13	Tax expense of discontinued operations	0	0
14	Net profit (loss) from discontinued operation after tax	0	0
15	Share of profit (loss) of associates and joint ventures accounted for using equity method	0	0
16	Total profit (loss) for period	262100000	1187900000
17	Other comprehensive income net of taxes	-15400000	-18700000
18	Total Comprehensive Income for the period	246700000	1169200000
19	Total profit or loss, attributable to
	Profit or loss, attributable to owners of parent	0	0
	Total profit or loss, attributable to non-controlling interests	0	0
20	Total Comprehensive income for the period attributable to
	Comprehensive income for the period attributable to owners of parent	0	0
	Total comprehensive income for the period attributable to owners of parent non-controlling interests	0	0
21	Details of equity share capital
	Paid-up equity share capital	1192000000	1192000000
	Face value of equity share capital	10	10
27	Details of debt securities
22	Reserves excluding revaluation reserve		9042100000
23	Earnings per share
i	Earnings per equity share for continuing operations
	Basic earnings (loss) per share from continuing operations	2.2	9.97
	Diluted earnings (loss) per share from continuing operations	2.1	9.51
ii	Earnings per equity share for discontinued operations
	Basic earnings (loss) per share from discontinued operations	0	0
	Diluted earnings (loss) per share from discontinued operations	0	0
ii	Earnings per equity share
	Basic earnings (loss) per share from continuing and discontinued operations	2.2	9.97
	Diluted earnings (loss) per share from continuing and discontinued operations	2.1	9.51
24	Debt equity ratio
25	Debt service coverage ratio
26	Interest service coverage ratio
27	Disclosure of notes on financial results		For Notes on Audited Consolidated Financial Results: Please refer pdf file. n

Remarks
Debt equity ratio
Debt service coverage ratio
Interest service coverage ratio

Statement of Asset and Liabilities
Particulars		Year ended (dd-mm-yyyy)
Date of start of reporting period		01-Apr-2024
Date of end of reporting period		31-Mar-2025
Whether results are audited or unaudited		Audited
Nature of report standalone or consolidated		Consolidated
	Assets
1	Non-current assets
	Property, plant and equipment	4485500000
	Capital work-in-progress	193100000
	Investment property	0
	Goodwill	0
	Other intangible assets	413900000
	Intangible assets under development	0
	Biological assets other than bearer plants	876500000
	Investments accounted for using equity method
	Non-current financial assets
	Non-current investments	46300000
	Trade receivables, non-current
	Loans, non-current	0
	Other non-current financial assets	427900000
	Total non-current financial assets	474200000
	Deferred tax assets (net)	0
	Other non-current assets	303000000
	Total non-current assets	6746200000
2	Current assets
	Inventories	5779500000
	Current financial asset
	Current investments	0
	Trade receivables, current	2595100000
	Cash and cash equivalents	118900000
	Bank balance other than cash and cash equivalents	131600000
	Loans, current	0
	Other current financial assets	0
	Total current financial assets	2845600000
	Current tax assets (net)	375000000
	Other current assets	4580100000
	Total current assets	13580200000
3	Non-current assets classified as held for sale	0
4	Regulatory deferral account debit balances and related deferred tax Assets	0
	Total assets	20326400000
	Equity and liabilities
1	Equity
	Equity attributable to owners of parent
	Equity share capital	1192000000
	Other equity	9042100000
	Total equity attributable to owners of parent	10234100000
	Non controlling interest	0
	Total equity	10234100000
2	Liabilities
	Non-current liabilities
	Non-current financial liabilities
	Borrowings, non-current	2523700000
	Trade payables, non-current
	(A) Total outstanding dues of micro enterprises and small enterprises	0
	(B) Total outstanding dues of creditors other than micro enterprises and small enterprises	0
	Total Trade payable	0
	Other non-current financial liabilities	309000000
	Total non-current financial liabilities	2832700000
	Provisions, non-current	46800000
	Deferred tax liabilities (net)	105400000
	Deferred government grants, Non-current	0
	Other non-current liabilities	0
	Total non-current liabilities	2984900000
	Current liabilities
	Current financial liabilities
	Borrowings, current	3631200000
	Trade payables, current
	(A) Total outstanding dues of micro enterprises and small enterprises	118100000
	(B) Total outstanding dues of creditors other than micro enterprises and small enterprises	2438700000
	Total Trade payable	2556800000
	Other current financial liabilities	613200000
	Total current financial liabilities	6801200000
	Other current liabilities	303100000
	Provisions, current	3100000
	Current tax liabilities (Net)	0
	Deferred government grants, Current	0
	Total current liabilities	7107400000
3	Liabilities directly associated with assets in disposal group classified as held for sale	0
4	Regulatory deferral account credit balances and related deferred tax liability	0
	Total liabilities	10092300000
	Total equity and liabilites	20326400000
	Disclosure of notes on assets and liabilities

Format for Reporting Segmenet wise Revenue, Results and Capital Employed along with the company results
Particulars		3 months/ 6 month ended (dd-mm-yyyy)	Year to date figures for current period ended (dd-mm-yyyy)
Date of start of reporting period		01-Jan-2025	01-Apr-2024
Date of end of reporting period		31-Mar-2025	31-Mar-2025
Whether accounts are audited or unaudited		Audited	Audited
Nature of report standalone or consolidated		Consolidated	Consolidated
1	Segment Revenue (Income)
	(net sale/income from each segment should be disclosed)
	Total Segment Revenue
	Less: Inter segment revenue
	Revenue from operations
2	Segment Result
	Profit (+) / Loss (-) before tax and interest from each segment
	Total Profit before tax
	i. Finance cost
	ii. Other Unallocable Expenditure net off Unallocable income
	Profit before tax
3	(Segment Asset - Segment Liabilities)
	Segment Asset
	Total Segment Asset
	Un-allocable Assets	null	null
	Net Segment Asset	null	null
4	Segment Liabilities
	Segment Liabilities
	Total Segment Liabilities
	Un-allocable Liabilities	null	null
	Net Segment Liabilities	null	null
	Disclosure of notes on segments

Other Comprehensive Income
Particulars		3 months/ 6 months ended (dd-mm-yyyy)	Year to date figures for current period ended (dd-mm-yyyy)
A	Date of start of reporting period	01-Jan-2025	01-Apr-2024
B	Date of end of reporting period	31-Mar-2025	31-Mar-2025
C	Whether results are audited or unaudited	Audited	Audited
D	Nature of report standalone or consolidated	Consolidated	Consolidated
	Other comprehensive income [Abstract]
1	Amount of items that will not be reclassified to profit and loss
1	Remeasurements of Defined Benefits plan	-20700000	-25100000
	Total Amount of items that will not be reclassified to profit and loss	-20700000	-25100000
2	Income tax relating to items that will not be reclassified to profit or loss	-5300000	-6400000
3	Amount of items that will be reclassified to profit and loss
	Total Amount of items that will be reclassified to profit and loss
4	Income tax relating to items that will be reclassified to profit or loss
5	Total Other comprehensive income	-15400000	-18700000

Cash flow statement, indirect
Particulars				Year ended (dd-mm-yyyy)
A	Date of start of reporting period			2024-04-01
B	Date of end of reporting period			2025-03-31
C	Whether results are audited or unaudited			Audited
D	Nature of report standalone or consolidated			Consolidated
Part I	Blue color marked fields are non-mandatory.
	Statement of cash flows
	Cash flows from used in operating activities
	Profit before tax			1325900000
	Adjustments for reconcile profit (loss)
	Adjustments for finance costs			931200000
	Adjustments for decrease (increase) in inventories			373600000
	Adjustments for decrease (increase) in trade receivables, current			-639000000
	Adjustments for decrease (increase) in trade receivables, non-current			0
	Adjustments for decrease (increase) in other current assets			0
	Adjustments for decrease (increase) in other non-current assets			0
	Adjustments for other financial assets, non-current			0
	Adjustments for other financial assets, current			0
	Adjustments for other bank balances			0
	Adjustments for increase (decrease) in trade payables, current			83000000
	Adjustments for increase (decrease) in trade payables, non-current			0
	Adjustments for increase (decrease) in other current liabilities			0
	Adjustments for increase (decrease) in other non-current liabilities			0
	Adjustments for depreciation and amortisation expense			0
	Adjustments for impairment loss reversal of impairment loss recognised in profit or loss			0
	Adjustments for provisions, current			5300000
	Adjustments for provisions, non-current			0
	Adjustments for other financial liabilities, current			0
	Adjustments for other financial liabilities, non-current			0
	Adjustments for unrealised foreign exchange losses gains			24900000
	Adjustments for dividend income			0
	Adjustments for interest income			-30600000
	Adjustments for share-based payments			3400000
	Adjustments for fair value losses (gains)			0
	Adjustments for undistributed profits of associates			0
	Other adjustments for which cash effects are investing or financing cash flow			0
	Other adjustments to reconcile profit (loss)			96400000
	Other adjustments for non-cash items			0
	Share of profit and loss from partnership firm or association of persons or limited liability partnerships			0
	Total adjustments for reconcile profit (loss)			909400000
	Net cash flows from (used in) operations			2235300000
	Dividends received			0
	Interest paid			0
	Interest received			0
	Income taxes paid (refund)			114900000
	Other inflows (outflows) of cash			0
	Net cash flows from (used in) operating activities			2120400000
	Cash flows from used in investing activities
	Cash flows from losing control of subsidiaries or other businesses			0
	Cash flows used in obtaining control of subsidiaries or other businesses			0
	Other cash receipts from sales of equity or debt instruments of other entities			0
	Other cash payments to acquire equity or debt instruments of other entities			0
	Other cash receipts from sales of interests in joint ventures			0
	Other cash payments to acquire interests in joint ventures			0
	Cash receipts from share of profits of partnership firm or association of persons or limited liability partnerships			0
	Cash payment for investment in partnership firm or association of persons or limited liability partnerships			0
	Proceeds from sales of property, plant and equipment			700000
	Purchase of property, plant and equipment			1238500000
	Proceeds from sales of investment property			0
	Purchase of investment property			0
	Proceeds from sales of intangible assets			0
	Purchase of intangible assets			16600000
	Proceeds from sales of intangible assets under development			0
	Purchase of intangible assets under development			0
	Proceeds from sales of goodwill			0
	Purchase of goodwill			0
	Proceeds from biological assets other than bearer plants			6400000
	Purchase of biological assets other than bearer plants			0
	Proceeds from government grants			0
	Proceeds from sales of other long-term assets			0
	Purchase of other long-term assets			0
	Cash advances and loans made to other parties			0
	Cash receipts from repayment of advances and loans made to other parties			0
	Cash payments for future contracts, forward contracts, option contracts and swap contracts			0
	Cash receipts from future contracts, forward contracts, option contracts and swap contracts			0
	Dividends received			0
	Interest received			21400000
	Income taxes paid (refund)			0
	Other inflows (outflows) of cash			-97000000
	Net cash flows from (used in) investing activities	-1323600000
	Cash flows from used in financing activities
	Proceeds from changes in ownership interests in subsidiaries			0
	Payments from changes in ownership interests in subsidiaries			0
	Proceeds from issuing shares			0
	Proceeds from issuing other equity instruments			0
	Payments to acquire or redeem entity's shares			0
	Payments of other equity instruments			0
	Proceeds from exercise of stock options			0
	Proceeds from issuing debentures notes bonds etc			0
	Proceeds from borrowings			453100000
	Repayments of borrowings			219100000
	Payments of lease liabilities			163000000
	Dividends paid			59700000
	Interest paid			856800000
	Income taxes paid (refund)			0
	Other inflows (outflows) of cash			62000000
	Net cash flows from (used in) financing activities			-783500000
	Net increase (decrease) in cash and cash equivalents before effect of exchange rate changes			13300000
	Effect of exchange rate changes on cash and cash equivalents
	Effect of exchange rate changes on cash and cash equivalents			0
	Net increase (decrease) in cash and cash equivalents			13300000
	Cash and cash equivalents cash flow statement at beginning of period			105600000
	Cash and cash equivalents cash flow statement at end of period			118900000